Political groups in the European Parliament reached an agreement on Tuesday on the EU-US trade deal, originally struck in July 2025 by US President Donald Trump and European Commission President Ursula von der Leyen. The deal, which still requires ratification, sets US tariffs at 15% on EU exports, while the EU will cut its tariffs on US goods to zero. The Parliament’s International Partnership Committee will vote on February 24, followed by a plenary session as early as March.
The approval process had been frozen in January after Trump announced plans to impose a 10% tariff on eight European countries involved in an Arctic military mission. Work resumed weeks later, leading to a compromise that includes a sunset clause expiring in March 2028 unless renewed, and a suspension clause triggered if the US violates the deal. Socialist MEP Bernd Lange said the Greenland issue prompted the inclusion of a sovereignty criterion for possible suspension.
The Parliament’s version also adds safeguards to protect the EU market and an automatic reintroduction of tariffs if the US fails to reduce its own tariffs to 15% on over 400 steel-related products. After the plenary vote, negotiations with EU member states will determine the final terms.
Political groups of the European Parliament reached an agreement on Tuesday on the EU-US trade deal, which was struck in July 2025 by US President Donald Trump and European Commission President Ursula von der Leyen and still needs to be ratified. The
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